|Bid||0.00 x 800|
|Ask||72.25 x 1100|
|Day's Range||71.68 - 71.79|
|52 Week Range||58.00 - 71.96|
|Beta (3Y Monthly)||0.08|
|PE Ratio (TTM)||30.21|
|Earnings Date||Feb 18, 2019 - Feb 22, 2019|
|Forward Dividend & Yield||1.92 (2.68%)|
|1y Target Est||72.00|
In addition to the CFO's retirement, CenterPoint announced executives appointments that will be effective once it acquires Indiana-based Vectren Corp. in a multibillion-dollar deal.
HOUSTON, Dec. 3, 2018 /PRNewswire/ -- CenterPoint Energy, Inc. (CNP) today announced the executive team that will lead the combined company following the close of the pending merger with Vectren Corporation (VVC), which is expected in the first quarter of 2019. As previously announced, at the closing of the merger CenterPoint Energy President and Chief Executive Officer Scott M. Prochazka will be appointed to the same role for the combined company. The combined company will be named CenterPoint Energy, headquartered in Houston and execute a unified business strategy focused on the safe and reliable delivery of electricity, natural gas and related services to customers.
The Evansville, Indiana-based company said it had profit of 61 cents per share. Earnings, adjusted for costs related to mergers and acquisitions, were 71 cents per share. The utility posted revenue of ...
EVANSVILLE, Ind., Nov. 05, 2018 -- Vectren Corporation (NYSE:VVC) today reported results for the three months ended September 30, 2018 of $50.4 million, or $0.61 per share,.
When Vectren Corporation (NYSE:VVC) released its most recent earnings update (30 June 2018), I wanted to understand how these figures stacked up against its past performance. The two benchmarks I Read More...
Vectren Corporation (VVC) announced the Board of Directors has declared a quarterly dividend of $0.48 per share, up 6.7 percent from the current quarterly dividend of $0.45 per share. The quarterly dividend will be payable December 3, 2018, to shareholders of record at the close of business on November 15, 2018. “The dividend increase, marking the 59th consecutive year Vectren and its predecessor companies have increased the annual dividends paid, is the result of our continued successful execution of key strategic initiatives,” said Carl Chapman, chairman, president and CEO of Vectren Corporation.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Vectren (VVC) have what it takes? Let's find out.
NEW YORK, Oct. 24, 2018 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
CenterPoint Energy's (CNP) acquisition of Vectren for $6 billion will lead to a new company serving more than 7 million customers across the United States.
EVANSVILLE, Ind., Oct. 09, 2018 -- Vectren Corporation (NYSE: VVC) will announce its 2018 third quarter results after the market closes on Monday, November 5, 2018. Vectren.
Moody's Investors Service ("Moody's") changed the rating outlook of Vectren Utility Holdings, Inc. (VUHI) and its subsidiaries, Indiana Gas Company, Inc. (IGC) and Southern Indiana Gas & Electric Company (SIGECO), to negative from stable. All ratings, including VUHI's A2 senior unsecured rating and Prime-1 short-term rating for commercial paper, IGC's A2 senior unsecured rating, and SIGECO's A2 Issuer Rating were affirmed.
“We are pleased by the FERC’s decision today to approve the merger between Vectren and CenterPoint Energy, moving us closer to finalizing the transaction,” said Carl Chapman, Chairman, President and CEO of Vectren. The merger previously received Vectren shareholder approval in August. While neither Indiana nor Ohio has approval authority over the merger, informational proceedings with regulators in both states have been initiated, and the Indiana Utility Regulatory Commission has set a schedule for the review of information voluntarily submitted by the companies related to the merger, including a hearing on October 17, 2018.
CenterPoint Energy (CNP) rose 3.6% after J.P. Morgan upgraded it from neutral to overweight on September 5. J.P. Morgan Chase also raised CenterPoint Energy’s price target from $29.0 to $31.0.
Moody's Investors Service ("Moody's") upgraded the senior unsecured rating of CenterPoint Energy Resources Corp. (CERC) to Baa1 from Baa2 and affirmed its Prime-2 short-term rating for commercial paper. "The upgrade reflects the reduction in CERC's business risk effected through the internal spin of its GP and LP interests in Enable Midstream Partners to a new intermediate holding company - CenterPoint Energy Midstream" said Robert Petrosino, Moody's Vice President -- Senior Analyst.
Vectren's (VVC) stakeholders approve the proposed merger with 61.6% of total outstanding shareholders casting votes in favor of the move.